The Japanese yen dips slightly against the dollar amid geopolitical tensions but remains stronger than other major currencies.
The Japanese yen (JPY) declined marginally against the US dollar (USD) during late Asian trading on Thursday, with USD/JPY rising to near 159.55. The pair approached its four-week high of 159.65, reflecting cautious sentiment due to escalating Iran-related risks.
Earlier sessions saw the yen outperform other major currencies, though the dollar’s strength persisted. Market focus remains on geopolitical developments and their potential impact on safe-haven flows.
No immediate market reaction was reported beyond the currency pair’s movement.